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Licemer1 [7]
3 years ago
15

In a management information system (MIS), the quality of information is determined by its usefulness to users, and its usefulnes

s determines the success of the information system.
True
False
Business
1 answer:
Tcecarenko [31]3 years ago
3 0

Answer:

The correct answer is True.

Explanation:

The proper functioning, within the normal standards of a GIS, means that the information can reach the hands of the decision makers. The quality of the information that arrives, is based on other procedures and structures that are previously defined in the organizational strategy, and its processing depends on the specialization and differentiation of the positions within the organization; that is, the data selected and analyzed by the human resources department is different from the information selected and analyzed by other departments such as marketing, for example (differentiation is shown); but on the other hand, the level of analysis and depth that is given to the information will be variable depending on the specialists and the hierarchical levels within the same department; for example, the depth in the analysis of the data of who occupies the position of Human Resources Manager, and who occupies the position of human resources practitioner (specialization is revealed), therefore the experience and degree of specialization for the objectives of the department, are filters for data analysis.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

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Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Lind
lions [1.4K]

Answer:

A.

Joe’s Capital (existing partner) = $90,000

Mike’s Capital (existing partner) = $70,000

Profit-sharing ratio = 6:4

Admission of Linda (new partner) with bonus to existing partners:

$100,000 cash contributed for 25% share

So, implied value of partnership firm after admission = $100,000 / 25% = $400,000

However, actual value of partnership firm after admission will be = $90,000 + $70,000 + $100,000 = $260,000

Linda’s Capital in new partnership = 25% * $260,000 = $65,000

However, Linda is contributing $100,000

So, bonus accruing to existing partners = $100,000 - $65,000 = $35,000

Bonus to be split in profit sharing ratio

Bonus accruing to Joe = $35,000 * 6/10 = $21,000

Bonus accruing to Mike = $35,000 * 4/10 = $14,000

Joe'sCapital

$21,000

Mike'sCapital

$14,000

Lindia's Capital

$65,000

b. Admission of Linda (new partner) with bonus to the new partner:

$36,000 cash contributed for 25% share

So, implied value of partnership firm after admission = $36,000 / 25% = $144,000

However, actual value of partnership firm after admission will be = $90,000 + $70,000 + $36,000 = $196,000

Linda’s Capital in new partnership = $196,000 * 25% = $49,000

However, contribution by Linda= $36,000

So, bonus accruing to Linda = $49,000 - $36,000 = $13,000

Joe’s share in bonus to Linda = $13,000 * 6/10 = $7,800

Mike’s share = $13,000 * 4/10 = $5,200

Joe'sCapital

$7,800

Mike'sCapital

$5,200

Lindia's Capital

$49,000

6 0
3 years ago
Lockard Company purchased machinery on January 1, 2020, for $80,000. The machinery is estimated to have a salvage value of $8,00
netineya [11]

Answer:

a) $9,000

b) $3,000

Explanation:

The calculation of the depreciation expense for each of the following cases  

a)

As we know that  

= (Purchase cost of machinery - estimated salvage value) ÷ (useful life)

= ($80,000 - $8,000) ÷ (8 years)

= ($72,000) ÷ (8 years)  

= $9,000

b)  Since the asset purchased as on Sep 1, 2020 so the depreciation expenses would be charged for four months i.e. From September to December.

Also at the same time we assume the books are closed as on Dec 31,2020

Therefore, the depreciation expense is

= $9,000 × 4 months ÷ 12 months

= $3,000

6 0
3 years ago
Hurry! #3
const2013 [10]

Answer:

empathy and humor

6 0
4 years ago
List three things you can do to improve job satisfaction
andrew-mc [135]

1. Respectful treatment of all employees at all levels

2. Trust between employees and senior management

3. Job security

Hope that helps :)

7 0
4 years ago
Read 2 more answers
What are the two ways of looking at GDP? rev: 04_09_2018 Multiple Choice
Gekata [30.6K]

Answer:

The correct answer is option C and D.

Explanation:

There are two approaches to calculate GDP.  

  1. Income approach
  2. Expenditures approach

The income approach calculates GDP by looking at the factor incomes earned by the factors of production.

The expenditure approach looks at consumption expenditure, investment expenditure, government expenditure, and net exports to calculate GDP.

7 0
3 years ago
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